Required information Use the following information for the Quick Study below. (Algo) (8-10) [The following information applies to the questions displayed below.] A company reports the following beginning inventory and two purchases for the month of January. On January 26, the company sells 430 units. Ending inventory at January 31 totals 170 units. Beginning inventory on January 1 Purchase on January Purchase on January 25 Units 390 90 120 Unit Cost $ 3.80 4.00 4.10 QS 6-10A (Algo) Periodic: Inventory costing with weighted average LO P3 Assume the periodic inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on the weighted average method. (Round per unit costs to 2 decimal places.) Weighted average - Periodic Goods Available for Sale Cost of Goods Sold Cost of Goods # of units Average # of units Cost per unit Available for Cost of Cost per sold Goods Sold Sale Unit Ending Inventory # of units Average Cost in ending Ending per unit Inventory inventory Beginning inventory Purchases: January 9 January 25 Total 0 $ 0 $ 0.00 $ 0.00